media release (16-189MR)

ASIC warns investors about dealing with GOptions, Porterfinance, Boss Capital, MaxOptions, Bloombex Options, Citrades, RBoptions and OptionsXO

Published

ASIC warns the public about the conduct of the following entities:

Name

Address

Website

Go Trading Technologies Ltd (trading as GOptions)

 

"GOptions"

3rd floor C & H Towers, Corner of Great Marlborough and   Great George Streets, Roseau, Commonwealth of Dominica

http://www.goptions.com/

Oracle Stone Limited (trading as Porter Finance)

 

"Porter Finance"

20-22   Wenlock Road, England N1 7GU

 

https://porterfinance.com/

Cheshire Capital Ltd (trading as Boss Capital)

 

"Boss Capital"

Cavell House Stannard Place, Crispins Rd, Norwish, NR3 1YE, UK

https://www.bosscapital.com/

 

Changecapital SM Ltd (trading as Max Options)

 

"Max Options"

Kemp   House, 152-160 City Road, London, EC1V 2NX

https://www.maxoptions.com/

 

 

Bloombex Ltd (trading as Bloombex Options)

 

"Bloombex Options"

3rd floor C & H Towers, Corner of Great Marlborough and   Great George Streets, Roseau, Commonwealth of Dominica

http://bloombex-options.com/

 

CIT investments Ltd (trading as Citrades)

 

"Citrades"

Ajeltake   Road, 96960, Majuro, Marshall islands

https://www.citrades.com/

 

Zulutoys Limited (trading as RBoptions)

 

"RBoptions"

Ajeltake Road Ajeltake Island Majuro, MH96960 Marshall Islands

http://www.rboptions.com/

 

Omni Capital Ltd/Omni Global Solutions SRL (trading as   OptionsXO)

 

"OptionsXO"

Omni   Capital Ltd. Ajeltake Road, Ajeltake Island, Majuro MH96960 Marshall Islands

 

Omni   Global Solutions SRL Bucharest, Third sector, 17 BABA NOVAC street, Romania

https://www.optionsxo.com/

 

All of these entities operate websites that offer binary option trading services but none of them are appropriately licensed or authorised to provide these types of services in Australia.

ASIC is concerned that these entities are marketing their services to Australians and are misleading Australian investors into believing they are operating lawfully under Australian regulation.

Each website allows for persons, including those based in Australia, to sign up for live trading accounts. ASIC is satisfied that persons based in Australia are likely to suffer detriment as a result of being misled as to the regulatory status of these entities.

Australians should avoid dealing with any of these entities until they are appropriately licensed or authorised to operate in Australia.

ASIC has made numerous unsuccessful attempts to contact the entities that are the subject of this public warning. ASIC is satisfied that it is in the public interest to warn the public about the conduct of these entities.

This media release is a notice issued under subsection 12GLC(1) of the Australian Securities and Investments Commission Act 2001.

Media enquiries: Contact ASIC Media Unit